The Gas Prices Relief Act would help lower costs at the pump and put money back in the pockets of Michigan’s families and workers
WASHINGTON , D.C. – U.S. Rep. Elissa Slotkin (MI-08) today announced that she will co-sponsor the The Gas Prices Relief Act, a bill that would suspend the federal gas tax for the rest of 2022. By eliminating the roughly 18-cent-per-gallon tax until 2023, Slotkin's legislation would help ease the financial burden Michigan families and workers are facing at the pump.
"Inflation isn't just some political buzzword bouncing around Washington – it is real, and it is making life more expensive for Michigan families. Today, after too much talk from politicians in both parties, I am taking action by leading this bill to suspend the federal gas tax for the rest of 2022," Slotkin said. "The fact is that Michiganders already pay some of the highest gas taxes in the country, and this bill would save them 18 cents per gallon. Many mid-Michiganders commute long distances each day for work or for school, and my legislation is designed to do one thing: decrease the cost at the pump and put money back in their pockets."
In 2015, Republicans in the State Legislature voted to raise Michigan's state gas tax and index it to inflation. Currently, the state's gas tax stands at 27.7 cents per gallon. The state currently has the 10th highest gas tax in the nation.
The Gas Prices Relief Act will lower high gas prices and deliver much-needed economic relief to Americans across the country by:
- Suspending the 18.4 cents per gallon federal gas tax until January 1, 2023. Currently, the national average for the cost of a gallon of gas is nearly one dollar higher than it was at the same time last year, according to AAA. Michiganders are currently paying an average of $3.35/gallon at the pump.
- Requiring the Secretary of the Treasury to monitor the program in order to ensure oil and gas companies pass along the savings at the pump to consumers. The bill also encourages the Secretary to take appropriate enforcement actions to ensure consumers see these savings.
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